Fintech
Waters Wrap: Are consortiums more viable in today’s tech environment?
Rishi Nangalia and Nilesh Nanavati, founding partners of advisory firm OpCo, say that while consortium projects are popular in the capital markets, most fail to get off the ground. Can that be prevented?
Bot’s job? Quants question AI’s model validation powers
But supervisors cautiously welcome next-gen model risk management
State Street looks to bolster Charles River, Alpha platforms with FundGuard integration
State Street’s partnership with FundGuard will provide clients with multi-book accounting, allowing them to see two sets of records in one system.
Chill winds blow for Capitolis’s equity swap platform
The fintech’s effort to revive off-balance-sheet funding runs into market and regulatory turbulence.
As APIs go mainstream, good management is key
Though APIs have been around for a while, some financial institutions only consume 5% of them. To help better manage APIs, firms need to be aware of what they want to achieve with the APIs they create and use.
Waters Wrap: The buy side, the changing nature of buy v. build, and how fintech has evolved
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
DLT could give FX its ‘Netflix moment’
Blockchain’s proponents say faster settlement times make the technology akin to TV’s streaming revolution.
Waters Wrap: Fintech funding—follow the money
As funding for startups and young companies dries up due to inflation and rising interest rates, Anthony looks at some of the vendors that have received monetary infusions this year to see if there are any patterns to be gleaned.
If a stock falls in private markets and no one is around to hear it, does it make a sound?
ApeVue’s data shows that Blockchain.com and Kraken, both private markets, are down since April 1, which is in line with the broader crypto marketplace.
Amid macro storm clouds, a silver linings playbook for fintech
Banks and VCs believe inflation and rising interest rates will result in winners as well as losers
Messy MBSs? Startup uses deep learning to predict mortgage-backed securities markets
As interest rates rise and house prices fall after a steady period of the opposite dynamic, investors are looking for more accurate ways to price these factors into the value of mortgage-backed securities.
In finance, all APIs are not created equal
With the rise of APIs, it’s easier than ever for companies to position themselves as open to collaboration and eager to provide access, but some of these access points tell a different story under the hood.
FDC3 updates interop standard with 2.0 rollout as adoption grows
Finos gets ahead of FDC3’s critical mass by making breaking changes to the desktop interop standard, including baked-in data exchange.
Banks prepare to unleash FX swap bots
BNP Paribas, JP Morgan build execution algos to plug into platforms—but swaps liquidity needs to catch up first
Sell side ramps up outsourced trading desk services for still-skeptical buy side
A raft of new entrants are offering outsourced trading services to buy-side firms, anticipating a wave of takeup among larger asset managers, driven by cost and coverage needs. But are they aiming too high?
FDC3 creator sets sights on cloud-based interop with new company
Nicholas Kolba’s new venture aims to provide cloud-based interoperability for financial services apps—free of desktop containers and proprietary implementations.
This Week: Microsoft/CaixaBank, Bloomberg, Cboe/Morningstar & More
A summary of the latest financial technology news.
Symphony brings Web3 to KYC with new ID service pilot
Symphony Communication Services is piloting an experimental ID service that uses Web3 and DeFi concepts to automate and reduce the burden of tasks like know-your-customer, onboarding, and reporting.
People Moves: Deutsche Börse, Talos, Gresham, Tradefeedr, and more
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
Is an EMS an exchange? Vendors alarmed by scope of Reg ATS amendments
Some industry participants are worried that proposed amendments to Regulation ATS could see the trading perimeter expanded to include a wide array of messaging systems.
In the world of financial data, context—not content—is the new king
For years, the mantra of the market data world has been ‘content is king.’ But with trading strategies now more dependent on being able to see the big picture, the value of context could quickly overtake the data itself.
This Week: State Street/MarketAxess, Aquis, Linedata & More
A summary of the latest financial technology news.
Waters Wrap: The next evolution of FDC3
Anthony examines how an open-sourced implementation of the FDC3 standard might change the interoperability landscape.
Bloomberg’s Aim-Port integration highlights broader industry interop push
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.